2024 Jordan economic growth slows to 2.4% due to Gaza situation, World Bank report suggests.

The World Bank's report on the Middle East and North Africa reveals that Jordan's economy is suffering due to Israeli actions in Gaza, with tourism revenues declining significantly. Economic growth is projected to slow to 2.4% in 2024, rebounding to 2.6% in 2025. Inflation is expected to decrease to 2% this year. The report emphasizes the need for strategic reforms to enhance resilience and achieve inclusive growth amid ongoing regional conflicts.

October 17, 2024
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